Yggdrasil to enter Czech Republic igaming market with Tipsport deal

Leading provider of superior online gaming solutions for igaming operators, Yggdrasil Gaming, will premiere its suite of high-quality, innovative online casino games in the regulated igaming market of the Czech Republic after entering into a content agreement with Tipsport.

Beroun-based Tipsport is the largest betting agency in the Czech Republic, with upwards of 1,000 branches across the country in Central Europe. The company’s online offering is expanding rapidly and with the current deal will now feature some of the developer’s prime slot games, including the most recent released Tut’s Twister and Vikings Go To Hell.

Launched in 2015, BOOST will enable Tipsport to run promotions from within the game client and heighten player experience using configurable cash races, in-game tournaments and missions.

Players in the Czech Republic can expect to see Yggdrasil games be live there in the coming months, in complete compliance with the country’s requirements.

New legislation:

New gambling legislation was approved by the Chamber of Deputies of the Czech parliament in 2016, which looked to completely overhaul the country’s existing Gaming Act. The new legislation allows foreign-based operators to obtain gambling licenses in the Czech Republic for the first time.

Citing data from H2 Gambling Capital…

Effective from January 1, 2017, the online regulated market generated some €1.58 billion in gross win last year, of that total, the online market contributed €380 million.

Licensed regulated markets:

Yggdrasil’s games offering is live in various regulated and recently regulated markets including Italy, the UK, Latvia, Estonia, Denmark and Belgium. In addition to the Czech Republic, the developer’s games will launch soon in Spain.

Chief Executive Officer for Yggdrasil Gaming, Fredrik Elmqvist said…

“In February this year we signed a deal to enter Spain, one of Europe’s fastest-growing and most exciting jurisdictions, and today we’re announcing our entry into the Czech Republic with leading brand Tipsport.”

“As part of our long-term strategy we are committed to expanding our regulated market footprint. If we feel an environment is right for our leading games and promotional tools, then we will enter it with the best possible partners. We’re exctited to be going live with Tipsport and fostering a long-term partnership,” explained Elmqvist.

Head of Online Casino for Tipsport, Jakob Lorentzon said…

“We are delighted to be partnering with such an innovative and dynamic business as Yggdrasil. Their games perform very well in regulated markets and we are very much looking forward to offering them to our large and expanding customer base.”

It’s been a busy first half of the year for Yggrdrasil, having recently agreed deals with global gaming operator and lottery solutions innovator, Intralot; its content and platform have been certified to launch in Spain; and agreeing supply deals with the likes of online operators such as 888 Holdings plc., Stanleybet, Lottomatica, Global Gaming and more.